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20120928
20121006
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. lawmakers must look at whether government regulations are working. >>> campbell soup is closing its plant in sacramento next july and laying off hundreds of workers. the plant opened in 1947 and is the oldest of their 4 u.s. plants. but with the decline in the popularity of canned soups, they made the difficult decision to close the plant in sacramento. >> it made it clear the real issue is the lack of demand. people are not buying soup. in the same amounts that they have in prior years. >> one research firm said over all canned soup consumption is down 13%. >>> the number of people who applied for unemployment benefits plunged. that is a hopeful sign for the job market. claims dropped to 399,000. that is the lowest level in 9 weeks. the number of people collecting also fell by 4,000 4,000 to 2.3 million. on wall street, the dow is up 72 to 13,485. the s&p is up 13 to 1,447. the nasdaq is up 42 at 3,136. >>> mortgage rates dropped to record lows this week. the average rate on a 30 year loan dropped to 3.4%, down from 3.49% last week. a 15 year mortgage that also hit a record low, dropped
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